The U.S. Supreme Court likely will grant the government’s request to review the landmark Newman decision on insider trading after being pressed with arguments that the Second Circuit went against high court precedent and created a circuit split over the role “benefits” play in determining what counts as illegal tipping, experts say.
A Massachusetts federal judge refused Thursday to let Nexium buyers get a second crack at their pay-for-delay suit against AstraZeneca PLC and Ranbaxy Inc., saying the plaintiffs' claim for how new evidence would let them prove their case at trial was "at least a couple of bridges too far."
Challengers to the Federal Communications Commission’s tough new net neutrality rules fired their opening salvo Thursday at the D.C. Circuit, calling the agency's rules “a sweeping bureaucratic power grab.”
Medical device maker NuVasive Inc. will pay $13.5 million to resolve whistleblower allegations that it violated the False Claims Act by promoting off-label uses of spinal fusion products for Medicare patients and dispensing kickbacks through a supposedly independent medical society, the U.S. Department of Justice said Thursday.
Winning plaintiffs can’t be reimbursed for expert fees under the Fair Labor Standards Act, the Second Circuit ruled Wednesday, siding with a New York contracting business in a long-running wage-and-hour dispute.
The Ninth Circuit on Thursday affirmed a jury's decision awarding Microsoft Corp. $14.5 million after finding Motorola Inc. breached its obligation to license its standard-essential patents on fair terms, and ruled that a judge's landmark decision establishing the proper licensing rate for the patents was correct.
The Federal Circuit decided Thursday that Smartflash LLC's patent infringement trial against Samsung Electronics Co. Ltd., set to begin next month, must be stayed while the Patent Trial and Appeal Board reviews the patents, but that a damages retrial against Apple in a related case can go ahead.
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